Lululemon (LULU) Gets Another Kick in the Pants

Citing a waning demand on core product and a deceleration in comparable store sales again in Q2, JPMorgan (JPM) analyst Brian Tunick stripped Lululemon (LULU) of his ‘Overweight’ rating Friday. Expected deceleration in same-store sales in the second-quarter “suggests waning demand on core product and ongoing execution issues at a time during which most of […] View the full post at: Lululemon (LULU) Gets Another Kick in the Pants Related posts: Caterpillar Inc. Downgraded to “Neutral” at BofA Valuation Wall Street Cannot Deny S&P Equity Research Boosts Operating Profit Target For Chevron